Op-Eds
The Mortgage Note – Op-Ed: The Credit Scoring Cartel That’s Cornering The Mortgage Industry
Unbeknownst to many, there’s another factor significantly contributing to the housing affordability crisis in this country – it’s called the credit scoring industry.
Scotsman Guide – A Need for Someone in Your Corner
IMBs join associations such as CHLA for another reason. The big IMBs — like the big banks — have the economies of scale to support direct lobbying efforts on their behalf in Washington and to hire a phalanx of outside lawyers and consultants to track what is going on. Small and mid-sized IMBs do not. So CHLA makes advocacy efforts on behalf of small and
HousingWire – Opinion: Freddie Mac second mortgage loans further its mission
Federal Housing Finance Agency (FHFA) Director Sandra Thompson recently announced its conditional approval of Freddie Mac pilot to purchase second mortgages.I’ve personally been an outspoken supporter of this endeavor and I applaud this decision.
tHE mORTGAGE NOTE – A National Homeownership Month Scorecard
June is National Homeownership Month. So the Community Home Lenders of America (CHLA) has called on Congress to begin debate and ultimately enact a Mortgage Interest Credit (MIC) when it considers tax legislation next year to extend expiring provisions from the 2017 Tax Cut and Jobs Act (TCJA). The 2017 TCJA raised the standard deduction and capped state and local tax (SALT) deductions at $10,000.
National Mortgage News – opinion: Loan think What a balanced approach to non-bank mortgage servicing looks like
Last week, the Financial Stability Oversight Council (FSOC) released its report on nonbank mortgage servicing.
housingwire – OPINION: AGENCIES ARE KEY TO FIXING HOUSING AFFORDABILITY
It’s an election year, and housing affordability appears to be a big concern for voters. So, it’s not surprising to see the administration and members of Congress announcing big ticket legislative initiatives to boost homeownership – like a 1st time homebuyer tax credit and the Neighborhood Investment Act to fix up older homes. The Community Home Lenders of America (CHLA) applauds these initiatives. With the
CHLA Asks Ginnie to Expedite Loan-Level Pooling
The trade group called on the agency to move forward with its plan to allow loan-level options for MSR transfers.
Could the Trump transition delay some reverse mortgage policy decisions?
Ginnie Mae has shown speed in its work on HMBS 2.0, but the election could mean its arrival is beyond the control of current housing
What they’re saying about the HUD secretary nominee
Scott Turner served on a council overseeing opportunity zones in the first Trump administration